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4121 34th Street

Updated Dec 4, 2024

Bill Kennedy Sells Industrial Property In Orlando For $8.3M
SOLDMultiFamily

Bill Kennedy Sells Industrial Property In Orlando For $8.3M

4121 34th Street

$8,300,000

$98/SF

Building Size

84,562 SF

Asset Type

MultiFamily

Closing

May 20, 2024

About this deal

AI

The industrial property located at 4121 34th Street in Orlando was sold for $8,300,000. Spanning 84,562 square feet, the property was acquired at a price per square foot of $98. The sale was facilitated by Jade Hernandez, Raul Pino, and Pablo Vignolo from The Hype Real Estate Group, representing the seller, Bill Kennedy.

Summary of transaction details:

The brokers who facilitated the sale, Jade Hernandez, Raul Pino, and Pablo Vignolo, specialize in sourcing industrial, retail, multifamily, and land properties throughout Florida, Georgia, and North Carolina. They have an off-market pipeline and welcome inquiries from potential buyers of all sizes, offering a range of exclusive deals in their inventory. Interested parties can contact them at 786-503-5583 or 305-303-3837. The brokers emphasize their dedication to assisting clients in closing deals and highlight their diverse portfolio of off-market opportunities.

Players

Raul Pino

The Hype Real Estate Group

Broker

$350.5M

vol

51 deals

Broker

Orlando MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $98 per square foot on a published $8.3M for 84,562 square feet (2024).

Visit Pablo Vignolo to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.91%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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